Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 2,836,500 $ 134,536
Accounts receivable, net of allowance of $215,026 and $180,941 as of September 30, 2021 and December 31, 2020, respectively 433,562 255,720
Accounts receivable - related parties, net of allowance of $339,503 and $332,130 as of September 30, 2021 and December 31, 2020, respectively 741,495 252,852
Advances to employees 282,204 282,508
Inventory 1,327,572 1,172,775
Real estate lots held for sale 59,790 139,492
Operating lease right-of-use asset, current portion 311,925
Investment 45,182 53,066
Deposits, current 15,269 35,854
Prepaid expenses and other current assets 602,415 196,539
Total Current Assets 6,655,914 2,523,342
Long Term Assets    
Accounts receivable, non-current portion, net 1,919,914
Property and equipment, net 3,396,950 2,860,222
Operating lease right-of-use asset, non-current portion 1,396,857
Prepaid foreign taxes, net 664,128 519,499
Investment - related parties 3,500,000 457
Deferred offering costs 24,000 67,016
Deposits, non-current 56,130
Total Assets 17,613,893 5,970,536
Current Liabilities    
Accounts payable 457,129 891,168
Accrued expenses, current portion 451,278 1,401,402
Deferred revenue 753,302 933,941
Operating lease liabilities, current portion 263,292
Loans payable, current portion 249,000 437,731
Debt obligations 7,000 1,270,354
Investor deposits 29,950 29,950
Other current liabilities 130,628 131,895
Total Current Liabilities 2,341,579 5,096,441
Long Term Liabilities    
Accrued expenses, non-current portion 126,103 169,678
Operating lease liabilities, non-current portion 1,470,046
Loans payable, non-current portion 94,000 310,591
Total Liabilities 4,031,728 5,576,710
Commitments and Contingencies (Note 13)  
Series B convertible redeemable preferred stock, par value $0.01 per share; 902,670 shares authorized; 0 and 901,070 issued and outstanding at September 30, 2021 and December 31, 2020, respectively 9,010,824
Stockholders’ Equity (Deficiency)    
Common stock, par value $0.01 per share; 150,000,000 shares authorized; 8,784,618 and 5,234,406 shares issued and 8,781,249 and 5,231,037 shares outstanding as of September 30, 2021 and December 31, 2020, respectively 87,845 52,344
Additional paid-in capital 120,184,675 96,951,440
Accumulated other comprehensive loss (11,598,452) (11,932,801)
Accumulated deficit (94,919,120) (93,534,828)
Treasury stock, at cost, 3,369 shares at September 30, 2021 and December 31, 2020 (46,355) (46,355)
Total Gaucho Group Holdings, Inc. Stockholders’ Equity (Deficiency) 13,708,593 (8,510,200)
Non-controlling interest (126,428) (106,798)
Total Stockholders’ Equity (Deficiency) 13,582,165 (8,616,998)
Total Liabilities, Temporary Equity and Stockholders’ Equity (Deficiency) 17,613,893 5,970,536
Series A Convertible Preferred Stock [Member]    
Stockholders’ Equity (Deficiency)    
Preferred stock, 11,000,000 shares authorized: Series A convertible preferred stock, par value $0.01 per share; 10,097,330 shares authorized; no shares are available for issuance